JPMorgan&#8217;s exploration of stablecoin technology highlights the banking sector&#8217;s adaptation to fintech innovations and regulatory shifts. The post JPMorgan CEO Jamie Dimon questions stablecoin utility but confirms bank will actively explore the technology appeared first on Crypto Briefing.

JPMorgan CEO Jamie Dimon questions stablecoin utility but confirms bank will actively explore the technology

Kraken launches a US-regulated platform for CME crypto futures and spot 
trading, now live in five states and expanding nationwide.
The post Kraken rolls out regulated CME crypto futures trading in the US 
appeared first on Crypto Briefing.

Kraken rolls out regulated CME crypto futures trading in the US

The House blocked major crypto bills, but accelerating Senate momentum and 
surging institutional demand are reigniting hopes for transformative U.S. 
digital asset legislation. US Crypto Legislation Stalls in House, Disrupting 
Momentum on Digital Asset Rules The U.S. House of Representatives blocked a 
procedural vote on July 15, preventing formal consideration and discussion of 
three crypto […]

House Slams Brakes on Crypto Legislation as Trump Eyes US Digital Asset Supremacy

The push for crypto legislation in the US could position the country as a 
global leader in financial innovation and secure significant tax revenue.
The post Donald Trump Jr. backs crypto bill to keep multi-trillion dollar 
industry in the US appeared first on Crypto Briefing.

Donald Trump Jr. backs crypto bill to keep multi-trillion dollar industry in the US

Bitmine Immersion has amassed over 163,000 ETH, bringing its ethereum holdings 
above $500 million, more than double the proceeds from its recent $250 million 
private placement. Bitmine’s Ethereum Treasury Strategy Surges Past $500 
Million Mark Bitmine Immersion (NYSE American: BMNR), a crypto infrastructure 
company focused on long-term digital asset accumulation, announced it now 
holds approximately […]

Bitmine Doubles Down on Ethereum With Over $500 Million in ETH

A crypto analyst who accurately predicted the Bitcoin (BTC) price surge to 
$120,000 months ago has returned with a bold new forecast that could redefine 
investors&#8217; expectations for the rest of the cycle. Using a detailed Elliott 
Wave structure and historical halving patterns, the expert outlines what could 
be Bitcoin’s final parabolic move, laying out a clear roadmap toward a new ATH 
target. Bitcoin Parabolic Phase Still Ahead Following Bitcoin’s explosive rise 
above $123,000 in a single day, crypto analyst XForceGlobal reaffirmed his 
earlier predictions and intensified his bullish outlook. He now asserts that 
Bitcoin is in the early stages of a much larger breakout, with the final and 
most parabolic phase of its rally yet to unfold. Related Reading: Bitcoin 
Price Trajectory To $155,000: Why No Major Dips Are Expected From Here The 
analyst Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected 
From Here a detailed chart showing that Bitcoin is now trading over $40,000 
above its Wave 2 bottom of the macro 5th. This indicates that the market could 
be transitioning into Wave 3 of a larger Elliott Wave impulse pattern. The 
chart also visually segments previous bull market runs into distinct macro 
phases, each unfolding after a halving cycle. Every phase began with a 
consolidation period, followed by exponential growth and eventual correction. 
Bitcoin’s price history is further marked by the halving events in 2012, 2016, 
2020, and 2024—all of which have consistently preceded major bullish rallies. 
The latest halving, which occurred in April 2024, is now expected to lead to 
an intermediate-term rally that may extend BTC’s price beyond $270,000 before 
entering another corrective phase. While XForceGlobal maintains a bullish 
long-term outlook for Bitcoin, he urges investors to be cautious and aware 
that the final wave may generate market euphoria before a significant decline 
sets in. His projected roadmap shows a steady bullish climb toward $272,832, 
followed by a potential retracement to around $41,646, marking a steep 85% 
crash from the top. During his analysis, the market expert highlighted the 
difference between smart and dumb money during this bullish phase of the 
cycle. He claimed that smart investors have already mapped out their exit 
strategies, understanding that success comes from early planning rather than 
spontaneous decisions. He also added that with the market yet to reach a 
climax, there’s still time to prepare an exit before red flags emerge. Analyst 
Predicts $155,000 As Bitcoin’s Next Stop In a follow-up X post, XForceGlobal 
forecasted Bitcoin’s next short-term price target at $155,000. This prediction 
comes as BTC recently rallied past $123,000 before undergoing a pullback, now 
trading slightly above $116,800. According to the analyst, Bitcoin remains 
firmly in an extended Wave 3, which traditionally represents the most 
impulsive and powerful phase of the Elliott Wave sequence. Related Reading: 
Bitcoin Price Break Above $118,000 Just The Start, Analyst Unveils ‘Golden 
Number’ XForceGlobal’s chart reveals that Bitcoin recently broke out from a 
complex WXYXZ correction structure, which served as the launchpad for the 
present rally. His projection suggests that BTC is now forming a five-wave 
structure targeting the $140,000-$155,000 range, with macro-level corrections 
expected along the way. Featured image from Pixabay, chart from 
Tradingview.com